|
Bob Simpson (D)I support: Ensuring that the Social Security system will be solvent in 2050. Removing the cap on earnings subject to Social Security, self-employment, and Medicare taxes. Increasing the threshold at which Social Security Disability Insurance, Medicare, and Medicaid benefits are lost. I oppose: Privatizing Social Security. There are two flaws in the privatization scheme proposed by the Republicans: It rests on the assumption that the market will perform for the next eighty years as it has for the past eight, but not as it has for the past eighty; and it does not explain how the Social Security system will avoid bankruptcy with one-third less money contributed to it each year. |